Note 10 Restructuring Costs

12 Months Ended

Sep. 27, 2014

Restructuring and Related Activities [Abstract]

Restructuring and Related Activities Disclosure [Text Block]

Restructuring Costs

Due to substantial completion of all actions under restructuring plans and immateriality of the remaining accrual balance related to such plans, these plans have been combined for disclosure purposes. In connection with these plans, the Company expects to incur restructuring costs in future periods primarily for vacant facilities and former sites for which the Company is or may be responsible for environmental remediation. Costs incurred with respect to vacant facilities consist primarily of costs to maintain vacant facilities that are owned until such facilities can be sold.

Below is a summary of restructuring costs associated with facility closures and other consolidation efforts (in thousands):



Accrual balance at October 1, 2011	$	7,743
Employee severance and benefits	12,445
Leases and facilities shutdown costs	15,010
Non-cash charges	6,878
Cash paid for employee terminations	(7,093		)
Cash paid for leases and facilities shutdown costs	(13,113		)
Non-cash charges	(6,878		)
Accrual balance at September 29, 2012	14,992
Employee severance and benefits	2,784
Leases and facilities shutdown costs	17,785
Non-cash charges	4,341
Cash paid for employee terminations	(12,614		)
Cash paid for leases and facilities shutdown costs	(16,669		)
Non-cash charges	(4,341		)
Accrual balance at September 28, 2013	6,278
Employee severance and benefits	329
Leases and facilities shutdown costs	10,727
Non-cash charges	1,494
Cash paid for employee terminations	(892		)
Cash paid for leases and facilities shutdown costs	(9,958		)
Non-cash charges	(1,494		)
Accrual balance at September 27, 2014	$	6,484

The Company's IMS segment incurred restructuring costs under all restructuring plans of $8.3 million, $11.9 million and $19.0 million for 2014, 2013 and 2012, respectively. Restructuring costs are included in accrued liabilities on the consolidated balance sheets.

- Definition

The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled.

+ References+ Details